Using Subversion with DropBox

My suggestion is to use dropbox together with an encryption tool such as TrueCrypt. In this way you would have a safe storage on the cloud.

SVN works perfectly in a TrueCrypt disk.

If you need to access the repository at the same time on multiple location I would recommend of using a subversion host provider. DropBox can get confused if two persons are modifying the same file at once.

http://wiki.dropbox.com/TipsAndTricks/IncreasePrivacyAndSafety

http://www.randomwire.com/storing-sensitive-data-in-the-cloud

Why to use SVN inside Dropbox? Instead, you can use your own SVN server with Dropbox-like interface: EasySVN from Assembla or IQBox-SVN.

I've got Dropbox, SVN and Xcode working fine here, I've had no problems what so ever.

You don't even need to be careful about which machine you commit/update from as Dropbox keeps EVERYTHING synchronised.